I’ve been trying to figure out the difference between a Fidelity Trust account and an Estate brokerage account. Even after chatting with a Fidelity rep, things still seemed a bit unclear. So, let me share my own experiences to help you get a handle on this financial puzzle. Fidelity Trust Account: What Is It? A … Read more
Last week, I decided to add Margin to my Fidelity account. I wanted to hold off on transferring funds for an order until it was actually filled. I was a bit hesitant about transferring money into the account before a limit order goes through. Fast forward to today, and I made my inaugural buy using … Read more
As someone who’s been through the process of deciding between a Fidelity Roth IRA and a Fidelity Traditional IRA, I understand how overwhelming it can be. It’s a decision that will significantly impact your retirement savings. Here’s my take on the matter: The Roth vs. Traditional Dilemma When I started planning for retirement, I heard … Read more
I recently ran into an issue with Fidelity while trying to trade Hong Kong stocks. I got hit with Error Code 020282, which left me asking myself, “What’s going on? I’ve traded Hong Kong stocks through Fidelity before!” The full message reads: (020282) Opening transactions online are not currently being accepted for this country. Please … Read more
Accidentally opening 2 Roth IRA accounts on Fidelity can happen to the best of us. Whether it was a momentary lapse in attention or a technical glitch, it’s essential to know how to fix the situation without incurring any unnecessary fees or penalties. In this guide, I’ll walk you through closing a duplicate Fidelity Roth … Read more
When my wife and I decided to open a Roth IRA, we faced the classic choice: Vanguard or Fidelity. I’d like to share my experiences and give insights into these two giants in the investment world. Platform Comparison For me, the decision initially felt like choosing a favorite color. I settled on Vanguard for its … Read more
When you transfer stocks between Fidelity accounts, it’s normal for your gain/loss data to temporarily disappear from your Positions page. This is due to the technical process of transferring shares between accounts, and it might take a few days for the system to update and display the information accurately. Patience is Key Several Fidelity users … Read more
I recently had a trading experience with Fidelity that led me down a rabbit hole of curiosity about “Total Price Improvement.” You may have seen this figure on some of your trades or transactions. The Scenario: I decided to sell my AMC shares today. To my surprise, Fidelity reported a Total Price Improvement of $0.03 on … Read more
As you embark on your investing journey, you might wonder if having multiple Fidelity accounts under one roof is possible. The good news is, yes, it is entirely feasible to have more than one Fidelity account within a single login. This article will guide you through the process and shed light on the benefits of … Read more
Fidelity’s Active Trader Pro will soon drop support for Windows 7 and Windows 8 users. If you’re an avid user of the trading platform, you should’ve received an alert indicating that ATP will no longer be accessible on computers running Windows 7, Windows 8, and Windows 8.1. Why the Change? It’s essential to understand the … Read more
